[XMR] Monero - A secure, private, untraceable cryptocurrency

[iCEBREAKER]

Sign of times to come...

[Oscilson]

Sign of times to come...



lol

Nice job, but I think you need to adjust your 24hr volume to the moon launch setting.

This isn't photoshopped.

This will happen more often in 2-3 years. The volume will also match.

[mmortal03]

It looks like the coinmarketcap markets page for XMR is getting XMR/BC data from Bittrex right now, instead of XMR/BTC, which is messing up the average price: http://coinmarketcap.com/currencies/monero/#markets

The XMR/BC data on Bittrex isn't even right (has a massive spike): https://bittrex.com/Market/Index?MarketName=BC-XMR

Supposedly one person made a very small XMR/BC trade at a terrible price (probably by mistake) and that is messing up the data. They should really be using a volume-weighted price.

Yeah, it looks like a horrible mistake for someone, spending around $1000 worth of Blackcoins to buy around 10 cents worth of Moneros.

[liteon]

Not in my wallet - not on Bter = lost? 

[drawingthesun]

Not in my wallet - not on Bter = lost? 

BCX stole it.

[generalizethis]

Sign of times to come...



lol

Nice job, but I think you need to adjust your 24hr volume to the moon launch setting.

This isn't photoshopped.

This will happen more often in 2-3 years. The volume will also match.

We can all hope.

[anatolikostis]

well, I see that bittrex holds XMR wallet (offline) - surprice! 
what exactly is going on?

[smooth]

Important update (source code only)

If you are operating a pool or other important service, or if you are solo mining, and you compile your own node, please pull master from github and upgrade ASAP. Likewise if you have AWS images, please rebuild them with the new version. Additional precautionary checkpoints have been added to protect more of the existing blockchain.

Our recommendation and request is for exchanges is to remain frozen for external Monero transactions (trading is fine). If you are still running a node, please update it.

https://github.com/monero-project/bitmonero

The only evidence of anomalous activity is what was reported by fluffypony. Nevertheless malicious activity may occur that is not visible until the moment of the attack.

The update is an important precaution.

Updated binaries will follow shortly.

Further measures will be taken as necessary.

[Shrikez]

Hi,

I think it would be useful to state the current version number in the thread title instead of the generic "mandatory update".

It's a small detail but enhances user experience

[smooth]

well, I see that bittrex holds XMR wallet (offline) - surprice! 
what exactly is going on?

We have recommended and requested that exchanges freeze external transactions at this time due to a serious credible threat of an attack against the Monero blockchain.

We will update further as soon as possible.

[OrientA]

well, I see that bittrex holds XMR wallet (offline) - surprice! 
what exactly is going on?

We have recommended and requested that exchanges freeze external transactions at this time due to a serious credible threat of an attack against the Monero blockchain.

We will update further as soon as possible.

Can we still use the old daemon/wallet?

[drawingthesun]

BCX says a time warp will show its effects after a few days, does this mean he is currently attacking us?

[TheCoinFinder]

If its a timewarp attack, and has just begun... I presume he first has to catch up with the current blockchain with his own private mining pool? Ultimately, I thought checkpoints made that pointless.. so Im not sure what his attack is.

[smooth]

BCX says a time warp will show its effects after a few days, does this mean he is currently attacking us?

It certainly means he is currently threatening us. I guess in a sense that is itself an attack.

[OrientA]

If its a timewarp attack, and has just begun... I presume he first has to catch up with the current blockchain with his own private mining pool? Ultimately, I thought checkpoints made that pointless.. so Im not sure what his attack is.

The network hash rate is 20MH/s. How much does BCX need to accomplish the TimeWarp attack?

[OrientA]

If you believe him its 20% or 4MH/s

If it is just 4MH/s, then is it easier for BCX to attack BCN or BBY to prove his point?

[nakaone]

BCX says a time warp will show its effects after a few days, does this mean he is currently attacking us?

It certainly means he is currently threatening us. I guess in a sense that is itself an attack.

so now we are kept in captivity?

I still cannot see bcxs agenda

[superresistant]

I still cannot see bcxs agenda

1 - spread fud
2 - buy XMR
3 - pretend to attack
4 - buy XMR
5 - say that the flaw has been fixed by devs
6 - sell XMR
7 - repeat on an other coin
8 - ??

[ArticMine]

If its a timewarp attack, and has just begun... I presume he first has to catch up with the current blockchain with his own private mining pool? Ultimately, I thought checkpoints made that pointless.. so Im not sure what his attack is.

In a temewarp attack the attacking chain has to be built up first in private over a period of time. It is then released in the visible portion of the attack. Every time a checkpoint is added this process of building the attacking chain has to be restarted from scratch again, effectively delaying the visible portion of the attack.

Edit: Complacency while the attacking chain is being built, the non visible portion of the attack, becomrs the biggest enemy of the defence. This quote summarizes this very well.

Yawn.. this isn't nearly as entertaining as I thought it would be.

Is Monero being attacked or not? If someone is performing a TW attack is there any way to tell?

From my experience with time warps attacks it takes a couple of days before the symptoms start to occur, but when they do....the chaos is sweet.


~BCX~

[psterryl]

If its a timewarp attack, and has just begun... I presume he first has to catch up with the current blockchain with his own private mining pool? Ultimately, I thought checkpoints made that pointless.. so Im not sure what his attack is.

In a temewarp attack the attacking chain has to be built up first in private over a period of time. It is then released in the visible portion of the attack. Every time a checkpoint is added this process of building the attacking chain has to be restarted from scratch again, effectively delaying the visible portion of the attack.

Edit: Complacency while the attacking chain is being built, the non visible portion of the attack, becomrs the biggest enemy of the defence. This quote summarizes this very well.

Yawn.. this isn't nearly as entertaining as I thought it would be.

Is Monero being attacked or not? If someone is performing a TW attack is there any way to tell?

From my experience with time warps attacks it takes a couple of days before the symptoms start to occur, but when they do....the chaos is sweet.


~BCX~

So if, by BCX's admission, it takes a couple of days for the timewarp symptoms to occur (presumably while building up the attacking chain), a viable mitigation strategy may be to checkpoint daily. This then results in him having to continually restart the attack before it builds up a long enough chain to go anywhere. Could do it at a random point each day to keep it unpredictable. If I understand the situation correctly.

It also appears less and less likely to me that BCX has a viable private-key compromising attack.